The company first went public in 2000, but it had to file for Chapter 11 bankruptcy in 2005 following financial restatements, investigations into its accounting practices and a plunge in sales at some of its franchisees.
Krispy Kreme's planned listing comes at a time when demand is rising for snacks and sweets from customers craving familiar treats while staying at home due to COVID-19 restrictions.
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Krispy Kreme revenue surges ahead of planned stock market listingKrispy Kreme reported a jump in revenue for the first quarter of 2021 as the doughnut chain readies its return to the stock market after five years, according to a filing for an initial public offering (IPO) that was made public on Tuesday (June 1).
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Krispy Kreme revenue surges ahead of planned stock market listingKrispy Kreme reported a jump in revenue for the first quarter of 2021 as the doughnut chain readies its return to the stock market after five years, according to a filing for an initial public offering (IPO) that was made public on Tuesday (June 1).
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